Goldfarb Branham LLP is investigating whether the Board of Directors of Atheros Communications, Inc. (NASDAQ: ATHR) violated shareholder protection laws by agreeing to sell Atheros to Qualcomm for $45.00 per share. Atheros shareholders -- or anyone else with concerns about this transaction -- are encouraged to contact the firm at 877-583-2855 or to learn more about this buyout and their rights.

“Atheros shares sold for more than $43.00 per share in April 2010,” said shareholder lawyer Hamilton Lindley. “In fact, company shares have increased in value more than 50% since September 2010. Atheros’ current CEO also appears to have secured himself a job with Qualcomm as president of Networking and Connectivity. For these reasons, this buyout deserves higher scrutiny.”

The firm’s proposed class action lawsuit seeks to maximize value for Atheros shareholders. Goldfarb Branham’s lawyers have significant experience representing investors in nationwide securities litigation in over 100 shareholder class action cases. Hamilton Lindley, a firm securities lawyer, can be reached at or 877-583-2855 to discuss the impact of this buyout on Atheros shareholders.

Copyright Business Wire 2010